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to have you on the show. >> honored to be here. >>> straight ahead, for all the talk on china, policy expert said their gain could be ours, too. the guest spot is next. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> the chinese dragon is awake and ready to roar a. new report of the national intelligence council predicts within the next 20 years china will overtake the u.s. as the world's largest economy and suggests asia in general will have more overall power than the u.s. and europe combined. but before we freak out and preemptively launch economic warfare to stay on top, our next guest says america stands to gain a lot from china's growth and china's le
% to the upside. some excitement over the iphone 5. how is this for a order in china. brenda marshall says china unicom has more than 300,000 people on the waiting list. nicole petallides with talk about this earlier, but that is enough to boost the stock. sales in china friday, can you imagine the lines? sec don't airlines is soaring. up nearly 6%. delta says they will buy 49% of virgin atlantic. the price tag more than $300 million. and arg runnin rounding out thep three. treasury department selling remaining stake in insurance provider that broke yesterday, but today the flow continues into aig stock effectively closing out the largest government bailout since the financial crisis hit in 2008. let's look forward, all that and the start of a two-day fed meeting. the traitors all over the place. your stock exchange, cme group and the nymex. looking at a day like this, we're up off of the highs because we have a higher 36 points on the dow but is a pretty decent day when there is still no real clarity in the beltway, what is it that has people so positive? >> as you mentioned this is five update
. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming together today in michigan. first off, the new right to work rules will become law tomorrow. the unions are absolutely furious out protesting yesterday and big demonstrations still to come. listen to this. >> and tuesday, they're
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
other. they discovered they were twin sisters separated from birth in china it is against the one of the girls was given up for adoption. they share mannerisms and they were married in the same year. the husband has the same first name. >> steve: and they dress alike. >> gretchen: what a fantastic story. the rest of the headlines ttook over 50 years for the murderer of a 7 year old to b brought to justice. jack mccullah will be sentenced for the murder. it is one of the oldest unsolved crimes. he was dismissed as a suspect but arrested last year after the investigation reopened. >> steve: meanwhile a 22 year old woman in oregon jumped in her car and drove off after two kids tried to rob her at gun point. the boys later to be found 7 and 11 years old. demanded money and her phone. >> i was afraid he would shoot my tires or window. i didn't think i was safe. >> brian: the boys were caught and turns out the gun was not loaded it is not known how they got the gun. they were turned over to their familis and the case is expected to go to jv court. >> brian: two students are accused of b
about china electric demand being strong. remember, they make coal machinery, depending upon how much electric demand there is in china, his orders go up. that's why i think people are surprised the stock eel not down big, given his concerns throughout the near term. >> comments, the buybacks continue. >> now, i begin to say, wait a second. one buyback, maybe -- too much coincidence here. you have the news out of joint global. i think people are starting to say this fourth quarter's an inflection point for china. less worried about inflation, more worried about pro-growth. cummins is a uniquely chinese story. so many truck engines go there. let's keep track of this. >> a lot of people say if you've got gdp growing again and inflation as low as it is, that is the sweet spot, that is where you always want to be. >> india came out with global stuff. coal, i know, we're only used to seeing coal phased out in this country. they love coal in china. i don't want to make a judgment on whether that's -- but they are huge coal plant builders there. huge. >> an important one to watch. we'll talk
. >> brian: millions of dollars in a green company only to sell it to china? stewart varney with another waste of your money. he's coming up now. ♪ it's my favorite time of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? ♪ >> gretchen: if you are just waking up it is 17 minutes past the top of the is it like a fire sale on america interest? china buying up u.s. compani
the new chain. burger king has similar joint ventures in russia, brazil, south africa and china. >> more than 14,000 dock workers on the east coast and the gulf are threatening to go on strike on sunday. brian takes a look at the impact it could have on the economy. >> they move everything from our clothes to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores in longshoreman at more than a dozen ports from main to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the impact would be great. obviously on the dollar value side. on the cargo handling side but also on the job side because again these sports are major economic generators. >> richard of the maryland port administrator and others say the economic damage from a strike would reach well beyond the docks. >> your mom and pop retailer to your farmer to the trucking company that has to pick up the container atmosphere the port. so not just at t
in places like china? >> yeah, well, take this robotic device i just-- this is a medical device and under the obamacare law, medical devices will be subject to a tax because they have to pay for obamacare. >> paul: yes. >> this is the sort of thing, if we keep doing will suppress the growth of technology in this country and then again, there's the issue of immigration policies. a lot of this technology driven by engineers who come from asia, silicon valley and has been the result of immigration into the united states. if we don't stand in the front of these things, we can grow. >> paul: dan, thank you. coming up in our second half hour, a look ahead to 2013. is the economy poised for a comeback or high unemployment continues to drag us down. get ready for obamacare, what to know as key provisions kick in. ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. >> live from america's news headquarters, i'm heather
like china? >> well, take the robotic device . this is a medical device. under the obama care law medical devices will be subject to attacks because they have to pay for obama care. this is the sort of thing that if we keep doing will suppress the growth of technology in this country, and then there is the issue of immigration policy. a lot of this technology drefn drefn -- t driven by engineers and silicon valley has been the result of immigration in the united states. if we don't stand in front of these things we can grow. >> thank you. >>> coming up in our second half hour a look ahead to 2013.k is the economy poised for a come back, or will slow growth and high unemployment continue to drag us down? and get ready for obama care. what you need to know as some key provisions kick in. >>> it was terrifying moments at a phoenix bank. workers arrived to find one of their co-workers with a device around her neck, but the device was harmless. she was taken hostage the night before and held against her will overnight. police say the man who did it took her to the bank this morning and
. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign country that has cheap labor. the top patriotic american companies are parking their profits and offshore accounts so they do not have to pay a fair share of their taxes. the bottom line is since the late '70s, the wealthiest 2% in this country are making 25 times their wealth that they made a black -- back then. there are only paying 40% more in taxes. this country is doomed if we do not start putting terrace of the imports coming into this country. the republican party is selling you an outright lie. thank you. host: let's show you a facebook posting. the economist and professor at the university of maryland will be with us and about 25 minutes or so. he will take your calls and give you his economic outlook for 2013. he has written a lot on the matter. from west virginia, independent. caller: is, sir. i would just like to say that i am not very optimistic above the future of the united states right now. we are in so much that it is pathetic. our budget is way over. this pre
to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax rates. some have urged congressman tom price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated sena
. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is th
] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a kids' focused section. the journal says at some point the suppliers will probably want to charge netflix more or they might even stop selling to netflix. that's been a huge problem for them when it comes to contend more broadly. >> time for the global markets report. kelly evans standing by in london. you rise above over
this is a much more global story. i think a lot of backdrop in europe and china has some improving trends in it that are behind this. >> if the market is such a great predictor, tell me where it was in beginning of 2008. then we had a total collapse. so i don't buy -- >> my response would be look where it was in march of '09 when you could have -- [ overlapping speakers ] the valuations weren't reasonable then. they are cheap now and even cheaper outside the united states. >> yeah. you just made my case for why it is i feel like going outside the united states. i'll let america settle it and figure it out on its own. >> all right. john, what are your clients telling you right now? jeff just said i think it was over the weekend that so many of their customers are clenched right now. that they're just waiting to see what the resolution of the fiscal cliff is that they're holding back on orders. is that the case with some of your clients as well? >> well, i think right now we haven't received the clarity of the election we were hoping for. i think both sides republicans and democrats are bas
room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might return to play this season. >> thank you very much, brian shactman. >> to nasdaq, bertha coombs following big movers there. we have the advance there as well. >> we do. nasdaq 100 outperforming thanks to apple's recovery. off of the highs of the day. nonetheless it is contributing about a third of the outside impact to the nasdaq 100. facebook will be added tomorrow. watch that going into the close. it will be trading in the nasdaq, emphasis trades over at nyc. yahoo! has a mobile app for mail. today at a four-year high. that stock continues momentum. couple of deal-based stocks, trip adviser with folks at liberty interactive ta
in germany or alabama. want them in lexington, kentucky or china? >> you mentioned germany. volkswagen opened a plant in chattanooga a few months ago, 2,000 new jobs. bob corcoran was down there. 2,000 jobs, every one of which started at $14.50 an hour. >> right. they're not all going to be at -- >> so volkswagen was moving these jobs here because we're the low wage country compared to germany. >> dude, are you suggesting we push these jobs away? >> i'm not. >> i would rather americans have a shot at a $17 an hour job than having it in china. >> i agree. >> find a way to do better. i actually agree with you. but you have to understand the consequences are pretty severe for american lifestyles. >> again, though, i'm sorry, mike, but the consequences are, we have two choices, we can't get 1965 wages, we either have these jobs in china or lexington, either have them in alabama or germany and this is at least for some of -- a chance for younger americans to get some good jobs. >> joe, if you're taking a job that pays $14.50 an hour. it means one of two things, a, you don't have a job so you're ge
through decades of tough economic conditions. competition from china, india and brazil and 12 million americans willing to work for less slashed the union membership. organized later on the brink of collapse and the pressure is getting to them. what was a membership of hardworking men and women and big labor degenerated to band of anarchist thugs. peaceful protest given way to mob violence, vocal dissent turned to revenge. property destruction and violent assault. bob, you a bird's eye seat to. this got to be tough to come to term with the end of the movement. >> bob: you as delusional as you have ever been. the idea the labor move element go away because you wrote that crap is ridiculous. the fact of the matter is very few indense of violence yesterday. 13,000 people. and three or four people got in the hiddal of it. >> eric: why should there be any? >> bob: because you had people attacking the people. you have a tent that was there -- >> eric: you would -- [ overtalk ] >> bob: got us in trouble. got me in trouble. >> eric: this is america. peaceful protest is fine. we start to lay h
be a big problem. like impact of the china syndrome had on the power industry many years ago. >> they see potential economic motive behind it. promised land was funded in part by the government of abu dahbi that sits atop the six largest gas in the world. they wonder if they benefit from film that raises opposition to increase prod duction in the u.s. bret? >> bret: john, thank you. four people are dead after the midway got hit with the first major snowstorm of the season. the storm threatens to december interrupt some of the nation's - -- disrupt some of the busiest airports ahead of the holiday weekend. they could guarantee white christmas in some places, that, of course is good news. along with several travel headaches, that's the bad news. with one procedural vote out of the way, the house as you look live there is now voting on a bill to replace the sequester. then it's on to the vote for plan "b." we are 12 days away from falling off the fiscal cliff. the latest movement, we will explain the house movement tonight when w the fox all-stars when we come back. (announcer) when subaru o
sectors? >> first of all before we ring the death bell on manufacturing, u.s. is above china. we are seeing a resurgence of factory jobs, guess where. >> gregg: southeast. >> why. >> gregg: right to work states. >> businesses don't want to move to places where unions are. in those southeast states, union membership tends to be half what it is on the national achblg which is only 12% right now. even though we see that unemployment is lower in right to work states, but wages are lower, as well. that is kind the tradeoff but businesses want to go there. we are seeing companies from china coming in into the u.s.. >> gregg: i bmw, hyundai, honda and you got american companies, g.e., boeing, apple, michelin, they like that southeastern region because that is where the unions aren't. final quick question, if congress fails to strike a deal it will get a whole lot worse? >> the cbo which is supposed to be non-partisan we're going into a double-dip recession. a lost taxes. you look at your paycheck, the first one in january you are going to see a lot less money. >> gregg: it's not just th
then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help pay for obamacare. you're already raising the tax on some drugs to pay for it. what are you going to do now? if you don't get the medical device tax through, and you don't get the $29 billion, what are you going to do? you're right, steve. call china, let's borrow more. >> steve: so many people are fixated on the fiscal cliff and the president wants to jack up taxes on people who are successful. up to maybe about 40%. that's one of the theories out there. he'd love 40%. but a lot of people forget about the medical device tax, plus all the obamacare taxes already baked into the equation. >> it's a tax here, a tax there, a fee there, a fee here, everything goes up. medical care gets more expensive. not less expensive. >> steve: he talks about money. he talks about politics. he talks about all sorts of stuff on fox business, 9:20 eastern time. the great stuart varney, thanks for dropping by. >> thank you. >> steve: all r
there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ballistic missile which could threaten in the future the u.s. mainland. but it does seem a political success for the new leader, kim jong-un, this young new leader. he pushed for this rocket to be tested and for once it has been successful. back to you. martha: david, thank you very much. we'll have mo
. >>> researchers in china found a way to create blood cells using urine. researchers hope to one day use the new technique to treat diseases such as alzheimer's and parkinson's. >>> san francisco renters could soon find out ahead of time if they will be living next door to smokers. san francisco's board of supervisors could soon require landlords to give potential tenants a list of apartments where smoking is allowed. a city committee approved a plan and the board is expected -- board is expected to vote on it next ban. >>> 7:23. where is the smartest city in north america? one website says san francisco is the second smartest city. san francisco has a lining entrepreneurial economy -- this rhining entrepreneur economy, the report says, but they say it is near colleges and universities. behind san francisco are seattle and vancouver. >>> 7:23. we want to check in with sal. see what's happening on the roads. sal? >> yeah. boston has harvard. >> right. >> let's take a look at what we have. it's cambridge, technically. but you know what i mean. southbound 880, we have slow traffic. we also have slo
tougher sanctions on north korea but without support from china, options could be limited. this is video from overnight of the celebrations in north korea after the successful rocket launch. many countries believe it is north korea's way of testing its long-range ballistic missile technology. of course, the united states is very concerned about north korea's weapons capabilities this year. robert gates said north korea was within five years of being able to strike the continental united states. the white house condemns the missil launch calling it a highly provocative act that could impact stability in the region. alison burns, ktvu channel 2 news. >>> pope benedict really 16 is now part of the -- pope benedict is now part of the twitter nation. he already has more than 1 million followers who will read miss messages in english, arabic, polish and four other languages. >>> 8:16. pavi shankar has died at the age of 92. boy. he was good. he was known as the good father the world music. in fact -- known as the godfather of world music. in fact, the beatles gave him that name. he continued t
it matters, and it does. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to "squawk box," everybody. in our headlines we're about an hour away from the november jobs report and the numbers are expected to be impacted by sandy. the dow jones forecast is calling for new 80,000 nonfarm jobs. >>> the reuters forecast is calling for 93,000 new jobs. >>> ibm is implementing a significant change to its benefit program. starting next year matching contributions to employees' 401(k) accounts will be given in one lump sum on december 31st. if a worker leaves the company before december 15th, they won't get anything from that
computer. the hackers are likely from china and that while admiral mullens' personal e-mail account has been compromised, aides insist no classified information is stored or viewed on those particular computers. >>> she was playing a part in a high school play, but the real star of the show was waiting in the wings. you got to love these stories. her dad, u.s. airman, returning home from war to surprise his gal. >> oh! [ applause ] [ cheers and applause ] >> gretchen: well, the girl's mom says there was not a dry eye in the room, including myself. >> steve: no kidding. merry christmas. meanwhile, lawmakers rushing to avoid the so-called fiscal cliff at the end of this month. a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the s
are not making them here in this country, we know where they are going to be made? >> right. >> china or sweeden or someplace else. >> hopefully we make them here and they become -- we become more energy independent. >> every time during campaign, i must tell you -- peter, we talked about this on the air, romney saying and he spent $95 million$95,000,000 or a billion dollars on renew alan energy. i kept wondering if he would say you are damn right i did. >> there were a lot of jobs created. >> exactly? >> not only in places like california. you and i know that, around the country and florida and in maine and boston where you see individual state leaders taking it uponthems to make these investments as well but that has to continue. we have to be at the forefront of that. >> and as we go as californians californians, we have to to say what happened in michigan is deplorable, what happened in california where there was an initiative and the labor unions got the together and we were able to fight back and defeat that initiative in california. the fight goes o
an issue out of china, but we lost a lot of jobs to southern states in the united states. so we're absolutely going to market -- michigan, there is no better work force in the country than michigan. i'd argue no better work force in the world than michigan. we'll welcome business with open arms, bring those opportunities to our state. we have a beautiful state, fantastic people. >> brian: mr. speaker, thank you for joining us. best of luck for everyone to calm down in michigan and look ahead. thanks so much. >> great to be with you. thanks. >> brian: the number one country song for the last two weeks running. ♪ baby you a song ♪ you make me want to roll my windows down ♪ ♪ and croon. >> brian: they've been here since 2:00 o'clock in the morning. they'll be here live. let's check in with bill hemmer who also got here at 2:00 o'clock in the morning and is in a rock'n'roll band. >> i'm looking for the peanut but ther and jelly later today. didn't we have that last year? >> brian: yes, you d. bring your own jiffy. >> will do. thank you. breaking news on the economy. what the
three behind canada and china, about $460 billion a year. so lot of levers we can use here. of that $460 billion, a huge amount is tourism. is it really worth them sort of gaining this venal corrupt image with this violence. do they want o pay the millions and millions, possibly hundreds of millions in lost tourism just so they can do whatever it is that the corrupt local government is doing to this? >> steve: one of the things is this guy is being charged with is he brought into the country of mexico a gun used by the military, ammunition used by the military as well. you know what? that is flat out not true. this is a case that is so easy to dismiss and yet, we're five days away from christmas and that guy is sitting down there. >> brian: it takes some high ranking person in the state department to pick up the phone and say, get him out of there. >> steve: how about the president? they've got cable in the white house. they're watching fox news channel. that would be great for that family if he -- >> brian: even they get satellite dish. even if it's direct tv, they probably still get us
one in canada and belgium and sick man who took a buechler knife and hacked babies in the cribs china. these crimes never happened in human history. we feet the sickness video games. and i train law enforcement and i spend more time on the road training military and law enforcement than anybody else in america. we know how to use simulators to create continues to enable people to kill in combat. the class and social learning models and desensitizing and programming that we put in programs for cops and military are done with the kids. we got to get mad and passionate about the schools that refuse to protect our kids. >> peter: you made a great point. you say, it is obvious. how do we fix it? >> number one parents have to be informed. we have laws against pornography and alcohol and sex and fire arms. and there are laws to help the parentsment the partnerships have to be reform would. m rate video game is same as x-. no child under 17 should play it time out and you are raising a killer. not every kid will be but you may be the victim and it is on your hands. >> we don't know the connec
going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for businesses to compete if the world. third, then we have to -- that will create -- that will be enormous. third, then there is a infrastructure investment that needs to be made. this is very important because in the context of the kiped of budget deal we'll get where we'll spend less going forward as businesses, we have to think about what our values are with respect to what we'll spend money on. the most important things we can spend money on is infrastructure to again create -- make investments in the future rather than just short-term spending. and then twin that with important support for research, basic research, and for higher education as drew talked about. and for education. thos
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